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Jan 16, 2015
01/15
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we thought we had figured this out and we would scale this to infinity. little did we know what we did not know. we found ourselves underwater . all of a sudden the site is going down. we are developing a reputation for the site going down. the most stomach turning part was, we had these brilliant creators. people using tumblr to do remarkable things. using it as their home, for their incredible work. we are taking their stuff off the internet and out of the world. we thought that was so unforgivable. terrible. it was crushing for me and the team to be screwing up in that way. it was exacerbated by the fact that we had not built out the big robust engineering team we needed the time to get through to the other side. >> you started as a teenager. you go through these highs and lows. how did you develop your own personality and style as a leader? how hard was that? >> i have been lucky to have great investors and mentors from early on. i have great partners with me to steer me to what i should have been doing with my time. for every moment in our history. t
we thought we had figured this out and we would scale this to infinity. little did we know what we did not know. we found ourselves underwater . all of a sudden the site is going down. we are developing a reputation for the site going down. the most stomach turning part was, we had these brilliant creators. people using tumblr to do remarkable things. using it as their home, for their incredible work. we are taking their stuff off the internet and out of the world. we thought that was so...
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Jan 28, 2015
01/15
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BLOOMBERG
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qe infinity? >> it is unfortunate that we have this difficult situation where it is not going to be that effective but you carry on anyway. that is what we have seen in other jurisdictions. once you've started, it is very difficult to stop. we are probably in it for the long haul. >> they have -- >> they didn't have the stomach to do it until recently. they probably don't have today the stomach to do it for longer than they think. if i'm right on the economy, and right on the combination of so-called fiscal and financial market dominance, it is going to be extraordinary -- >> how much will they spend? 2 trillion? >> if we put the ecb in a beauty contest or the ugly contest of qe in the world and accumulate the number of assets which have been bought today by boj, boe and fed, we are talking about a minimum of 20% of gdp to up to 60% of gdp. >> thank you very much, jacques cailloux. >> "on the move" is next. we have more on apple's record quarter. see you tomorrow. ♪ >> good morning, and welcome.
qe infinity? >> it is unfortunate that we have this difficult situation where it is not going to be that effective but you carry on anyway. that is what we have seen in other jurisdictions. once you've started, it is very difficult to stop. we are probably in it for the long haul. >> they have -- >> they didn't have the stomach to do it until recently. they probably don't have today the stomach to do it for longer than they think. if i'm right on the economy, and right on the...
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Jan 5, 2015
01/15
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BLOOMBERG
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dealers sold 170,000 nissan and infiniti models in december. the founder of wainscot capital was gunned down in his apartment yesterday. his son was taken into custody but has not been charged. the elder spent decades in stocks before starting his own fund in 2011. americans were logging on for love last night. the first sunday after new year's day is the online busiest day for dating. matched says it requires patience. it takes men 10 weeks and women about eight weeks. those are your top headlines. people are looking for love online. in europe there could be a high product -- profile divorce between greece and the euro. >> ian bremmer is with us. let's rip up the script. they are an datable. >> it's not like their other organizations out there. >> let's say they were able to piece together a government. >> should that be the guy that we are paying attention to? >> that's the problem. if you could pick as the germans did who the greek leadership was going to be you would wind up with policy orientation that would be in line. you have the greek
dealers sold 170,000 nissan and infiniti models in december. the founder of wainscot capital was gunned down in his apartment yesterday. his son was taken into custody but has not been charged. the elder spent decades in stocks before starting his own fund in 2011. americans were logging on for love last night. the first sunday after new year's day is the online busiest day for dating. matched says it requires patience. it takes men 10 weeks and women about eight weeks. those are your top...
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Jan 29, 2015
01/15
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BLOOMBERG
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program that has been enforced in greece has said that greece has come up with 4.5% of primary surplus to infinity. this is unrealistic by any economic imagination, to have 4.5% primary surplus forever. you want to say immediately you have 3.5% of gdp leeway about 7 billion that you can play with. then, the economy can start. both governments have to give in. right now, we are on a collision course. >> ok, let's wrap up i thinking about that. if that collision happens, what is the outcome? i was sitting at a hotel the other morning in athens with a german economist who said that he arrived in athens with a 35% chance of an exit but everyone is telling him that number is way too low. >> i don't think that is the narrative of europe, or let's call it, the global order. i think today, the bank of england came out and said, you have to change the austerity. the danger in greece is that germany and europe changes the anti-austerity policies but greece is not part of it. >> what do you mean by that? >> that it is not going to receive the benefits of that change in policy. >> does that mean greece is sti
program that has been enforced in greece has said that greece has come up with 4.5% of primary surplus to infinity. this is unrealistic by any economic imagination, to have 4.5% primary surplus forever. you want to say immediately you have 3.5% of gdp leeway about 7 billion that you can play with. then, the economy can start. both governments have to give in. right now, we are on a collision course. >> ok, let's wrap up i thinking about that. if that collision happens, what is the...
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Jan 13, 2015
01/15
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they have stretched out their payments to infinity. they are staying in the euro and defaulting on their debt which they have done it. they will stretch this out. it is more complex than winners and losers. >> everyone believes they will have to renegotiate a bailout. >> our twitter question of the day. oil plummeting, wrubel climbing. where is the safest place to put your money right now? >> id this sneakers. tweet as at @bsurveillance. ♪ >> good morning, everyone. i am tom keene. olivia sterns with brendan greeley. >> demand for aluminum is growing. up 7%, good news for alcoa. automakers are increasing their orders. they kicked out fourth-quarter earnings season with better than expected profit and sales. i'll color -- alcoa's shares rose. three executives at advanced michael devices are leaving. the new ceo shakes up leadership. they are looking to stem the lost of market share to intel. bill gross says he was fired from pimco the firm he cofounded in 1971. he made the disclosure on bloomberg, the first time he is publicly confirm
they have stretched out their payments to infinity. they are staying in the euro and defaulting on their debt which they have done it. they will stretch this out. it is more complex than winners and losers. >> everyone believes they will have to renegotiate a bailout. >> our twitter question of the day. oil plummeting, wrubel climbing. where is the safest place to put your money right now? >> id this sneakers. tweet as at @bsurveillance. ♪ >> good morning, everyone. i...